Opportunity to sell EUR/USD (in detals explain)
Explain The Opportunity in daily chart :
1- Price is testing a strong fibo level 78.6%.
2- Touched the BB wide Upper band.
3- Clear divergence in RSI.
4- Awesome Inside Bar.
When to enter and SL/TP explain :
- Pending order (Sell Stop) right below the mother bar of Inside Bar (below the green level)
- Stop loss level should be above the mother bar (above orange level)
- 1st take profit should be near 38.2% then to risk free the trade and hunt 61.8 + 78.6 levels
When this opportunity will be invalid :
(( If the price brake above the inside bar "Above the orange line"))
Good luck
1- Price is testing a strong fibo level 78.6%.
2- Touched the BB wide Upper band.
3- Clear divergence in RSI.
4- Awesome Inside Bar.
When to enter and SL/TP explain :
- Pending order (Sell Stop) right below the mother bar of Inside Bar (below the green level)
- Stop loss level should be above the mother bar (above orange level)
- 1st take profit should be near 38.2% then to risk free the trade and hunt 61.8 + 78.6 levels
When this opportunity will be invalid :
(( If the price brake above the inside bar "Above the orange line"))
Good luck
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